# In CFTC Action, Former Precious Metal Trader Admits to Engaging in Spoofing at Two New York Banks

> CFTC release 8014-19 · 2019-09-16 · **Spoofing** · ENFORCEMENT

## Key facts

- **Release number:** 8014-19
- **Release date:** 2019-09-16
- **Type:** Spoofing
- **Title:** In CFTC Action, Former Precious Metal Trader Admits to Engaging in Spoofing at Two New York Banks
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/8014-19

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 8014-19, "In CFTC Action, Former Precious Metal Trader Admits to Engaging in Spoofing at Two New York Banks", 2019-09-16. Retrieved via AI Analytics 2026-07-14 from https://api.ai-analytics.org/cftc-action/8014-19.

---

*[CFTC actions dataset](/datasets/cftc-actions) · CC0 1.0*